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Trump defends crypto profits of more than $1 billion: ‘The stock market is up, everybody benefits’

I don't personally handle my finances; we have funds that manage my money. "I made a lot of money before becoming president; they invest my money, and I don't talk to them," said the U.S. president.

Newsroom July 1 06:44

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US President Donald Trump has defended earning roughly $1.2 billion in 2025 from cryptocurrency-related ventures, arguing that “everybody benefits” from his return to the White House because markets are rising.

“You know why I made money? Because the stock market is up. Everybody benefits,” Trump told reporters before boarding a new presidential aircraft gifted to him by Qatar.

Asked about accusations that he is using the presidency to enrich himself, the Republican billionaire said his assets had been placed in “blind trusts” — arrangements commonly used by public officials to distance themselves from the management of their finances.

“I don’t handle my own finances. We have funds that manage my money. I made a lot of money before becoming president; they invest my money and I don’t speak to them,” he said.

Pressed on financial disclosures showing that he made at least $1.4 billion from cryptocurrency in 2025, Trump denied personal involvement, despite having publicly promoted crypto ventures linked to his name. He then dismissed questions about whether he was profiting from the presidency, saying: “Everybody is.”

Trump insisted that his wealth was the result of his long business career, although the reported crypto income stems from activities undertaken after his return to the White House in 2025.

“I don’t know if I had a better career in politics or in business, but I had a great career in business. So we all benefit. I benefit because I have a lot of money and a lot of cash,” he said.

According to documents released by the Office of Government Ethics, Trump generated approximately $1.2 billion in revenue in 2025 through his involvement with the start-up World Liberty Financial and the cryptocurrency bearing his name, $TRUMP, which was launched just hours before his inauguration in January 2025.

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Trump, a former real-estate developer, has frequently faced accusations of conflicts of interest, particularly over his crypto investments. Critics argue that his administration’s deregulatory measures for the sector have helped drive up the value of digital assets from which he personally benefits.


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